915 Midland Ave 502

FOR SALE
$438,888
915 Midland Ave 502, Scarborough
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
915 Midland Ave 502
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E9257978
MLSID
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Property Description
Calling first time buyers, investors or downsizers! This recently renovated 602 sq ft 1 bed + 1 bath is a rare opportunity in the heart of Scarborough! Enjoy the oversized west facing walk-out balcony with unobstructed sunset views. Appreciate the open concept living in a bright and clean space to entertain with enough storage. Steps to Eglinton Crosstown LRT, Kennedy station, GO train station and the Midland bus stop. Experience all your amenities, top rated schools, shops and restaurants. Boasts a low property tax and maintenance fee that covers heat, hydro and water. The building had a brand-new renovation to the lobby and amenities, featuring an outdoor pool, party/meeting room and visitor parking. Turnkey ready! Move in and build your equity! Shows 10+!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-30 2023-06-25 26 $424,900 $420,000 Sold
2023-05-30 2023-06-25 26 $424,900 $420,000 Sold
Extras
Maintenance fee includes: Heat, Hydro, Water and Parking. Locker available through property management.
Nearby Intersections
Property Features
Clear View, Hospital, Public Transit, Rec Centre, School, School Bus Route
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$794 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Window Unit
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain7.51' x 13.85'Quartz Counter, Ceramic Floor, Backsplash
LivingMain11.02' x 19.85'Laminate, W/O To Balcony, Large Window
DiningMain11.02' x 19.85'Laminate, Large Window, Combined W/Living
Prim BdrmMain10.70' x 12.14'Laminate, Large Closet, Large Window
Scarborough Market Statistics
Scarborough Price Trend
915 Midland Ave 502 is a 1-bedroom 1-bathroom condo listed for sale at $438,888, which is $127,096 (22.5%) lower than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.
Inventory Change
There were 1,473 1-bedroom condos listed in Scarborough over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Scarborough over the last 30 days (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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